James Walter Pickle Charitable Foundation
James Walter Pickle Charitable Foundation consistently spends more than it earns, drawing down its substantial asset base.
EIN: 200485515 · Sioux Falls, SD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $700K |
| Total Expenses | $345K |
| Program Spending | 90% |
| Net Assets | $3.4M |
| Transparency Score | 85/100 |
Is James Walter Pickle Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James Walter Pickle Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James Walter Pickle Charitable Foundation
James Walter Pickle Charitable Foundation (EIN: 200485515) is a nonprofit organization based in Sioux Falls, SD, classified under NTEE code T22. The organization reported total revenue of $700K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James Walter Pickle Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James Walter Pickle Charitable Foundation is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $297K |
| Total Expenses | $345K |
| Surplus / Deficit | $-47,688 |
| Total Assets | $3.4M |
| Total Liabilities | $1 |
| Net Assets | $3.4M |
| Operating Margin | -16.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 116.8 months |
Financial Health Grade: B
In 2023, James Walter Pickle Charitable Foundation reported a deficit of $48K with expenses exceeding revenue, holds 116.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), James Walter Pickle Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.8% | -16.2% | -1.3% |
| 2022 | -32.9% | +11.8% | -3.8% |
| 2021 | +147.5% | -8.0% | +1.3% |
| 2020 | -42.2% | -1.6% | -6.2% |
| 2019 | +57.2% | -8.0% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates James Walter Pickle Charitable Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, James Walter Pickle Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $48K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means not reported as officer compensation, which is a positive sign for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of James Walter Pickle Charitable Foundation's IRS 990 filings:
- Consistent deficit spending: Expenses have exceeded revenue in most reported periods, leading to a decline in assets from $5,020,539 in 2011 to $3,356,454 in 2023.
- Declining asset base: The foundation's assets have steadily decreased over the past decade, which could impact future grant-making capacity if not reversed.
Strengths
The following positive indicators were identified for James Walter Pickle Charitable Foundation:
- Zero officer compensation: No officer compensation has been reported across all filings, indicating efficient use of funds and a strong commitment to directing resources to the mission.
- Substantial asset base: Despite declines, the foundation still holds over $3.6 million in assets, providing a solid foundation for its charitable activities.
- Consistent filing history: A decade of IRS 990 filings demonstrates transparency and consistent operation.
Frequently Asked Questions about James Walter Pickle Charitable Foundation
Is James Walter Pickle Charitable Foundation a legitimate charity?
James Walter Pickle Charitable Foundation (EIN: 200485515) is a registered tax-exempt nonprofit based in South Dakota. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $700K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does James Walter Pickle Charitable Foundation spend its money?
James Walter Pickle Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to James Walter Pickle Charitable Foundation tax-deductible?
James Walter Pickle Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 200485515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does James Walter Pickle Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), James Walter Pickle Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is James Walter Pickle Charitable Foundation located?
James Walter Pickle Charitable Foundation is headquartered in Sioux Falls, South Dakota and files with the IRS under EIN 200485515. It is classified under NTEE code T22.
How many years of IRS 990 filings does James Walter Pickle Charitable Foundation have?
James Walter Pickle Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $700K in total revenue.
Is the foundation's consistent deficit spending a planned strategy?
The foundation has consistently spent more than its revenue, for example, $344,713 in expenses vs. $297,025 in revenue in 2023. This could be a deliberate strategy for a private foundation to distribute its endowment over time, but without further context, it's a notable financial trend.
How does the foundation ensure its long-term sustainability given the revenue-expense imbalance?
With expenses frequently exceeding revenue, the foundation's assets have decreased from $5,020,539 in 2011 to $3,356,454 in 2023. While still substantial, this trend raises questions about the long-term funding model if not offset by future investment gains or significant new contributions.
What specific programs or organizations does the foundation support with its grants?
As a grant-making foundation (NTEE T22), its primary activity is distributing funds. The 990 forms would detail the recipients of these grants, which is crucial for understanding its programmatic impact.
Filing History
IRS 990 filing history for James Walter Pickle Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), James Walter Pickle Charitable Foundation's revenue has grown by 20.3%, moving from $247K to $297K. Total assets decreased by 33.1% over the same period, from $5.0M to $3.4M. Total functional expenses fell by 54.4%, from $756K to $345K. In its most recent filing year (2023), James Walter Pickle Charitable Foundation reported a deficit of $48K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $297K | $345K | $3.4M | $1 | — | — |
| 2022 | $278K | $411K | $3.4M | $1 | — | View 990 |
| 2021 | $415K | $368K | $3.5M | $1 | — | View 990 |
| 2020 | $168K | $400K | $3.5M | $1 | — | View 990 |
| 2019 | $290K | $406K | $3.7M | $1 | — | — |
| 2015 | $185K | $441K | $4.0M | $2K | — | View 990 |
| 2014 | $337K | $443K | $4.3M | $2K | — | View 990 |
| 2013 | $622K | $672K | $4.4M | $2K | — | View 990 |
| 2012 | $133K | $687K | $4.5M | $5K | — | View 990 |
| 2011 | $247K | $756K | $5.0M | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $297K, expenses of $345K, and assets of $3.4M (revenue +6.8% year-over-year).
- 2022: Revenue of $278K, expenses of $411K, and assets of $3.4M (revenue -32.9% year-over-year).
- 2021: Revenue of $415K, expenses of $368K, and assets of $3.5M (revenue +147.5% year-over-year).
- 2020: Revenue of $168K, expenses of $400K, and assets of $3.5M (revenue -42.2% year-over-year).
- 2019: Revenue of $290K, expenses of $406K, and assets of $3.7M (revenue +57.2% year-over-year).
- 2015: Revenue of $185K, expenses of $441K, and assets of $4.0M (revenue -45.2% year-over-year).
- 2014: Revenue of $337K, expenses of $443K, and assets of $4.3M (revenue -45.8% year-over-year).
- 2013: Revenue of $622K, expenses of $672K, and assets of $4.4M (revenue +368.8% year-over-year).
- 2012: Revenue of $133K, expenses of $687K, and assets of $4.5M (revenue -46.3% year-over-year).
- 2011: Revenue of $247K, expenses of $756K, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James Walter Pickle Charitable Foundation:
Data Sources and Methodology
This transparency report for James Walter Pickle Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.